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Joan has 40 employees and produces 800 units of output; when she adds one more employee to her construction company. The total outputs from all employee is 820, . After adding this employee, Joan's production plan's average product equals to marginal product.___________

Respuesta :

Answer: The average product equals to marginal product at 20.

Explanation:

Number of employees = 41

total output = 820

Average product = 820 / 41 = 20

Now, Find marginal product,

Marginal product =  Change in output / Change in input.

= (820 - 800) / (41 - 40)

= 20 / 1

= 20

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